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REALTY MONETISATION
Kunal Shah’s WhatsApp win; India bourses insulated from AI boomIn bagging the top job at WhatsApp, Cred’s Kunal Shah has done what no Indian entrepreneur could do. This and more in today’s ETtech Top 5.- Adani, Reliance, Lodha, JSW bid for 206-acre Mumbai redevelopment projectsLeading real estate firms are vying to redevelop three large housing colonies in Mumbai. These projects span prime areas like Worli, Bandra...
- NABARD acquires leasehold rights to MTNL’s BKC campus in Rs 351 crore dealNABARD has made waves by securing a prestigious commercial site in Mumbai’s vibrant Bandra-Kurla Complex. The development-focused instituti...
- NSE inks 80-year lease with MMRDA for 2.7-acre BKC land for Rs 1,684 croreThe National Stock Exchange of India has made a bold move by leasing a coveted 2.7-acre site in the bustling Bandra-Kurla Complex of Mumbai...
- Valor Estate shares rocket 30% in just 3 days. What’s behind the stellar surge?Valor Estate shares soared 10% after a Bombay High Court ruling settled a 40-year land title dispute in favour of its subsidiary. This posi...
- No systemic risk to BFSI sector; may see short-term slowdown in loan growth: Deepak ParekhIndustry veteran Deepak Parekh stated the banking and financial services sector is not facing major systemic risks from global geopolitical...
- Valor Estate shares locked in 20% upper circuit. What’s behind the sharp surge today?Valor Estate shares hit a 20% upper circuit after the Bombay High Court ruled in its favour in a long-pending Bhayandar land dispute. The v...
- Our objective is to give houses to 22,000 homebuyers of ailing Unitech: SCThe Supreme Court is pushing for a resolution for 22,000 Unitech homebuyers. The court wants suggestions from the new board, banks, and fin...
- JSW Group to monetise Akzo Nobel’s land assetsJSW Group is set to generate significant funds by selling unused land from its recent Akzo Nobel India acquisition. This move could recover...
- DLF concludes deal to sell IT-SEZ, vacant land in Kolkata for Rs 710 croreRealty major DLF has completed the sale of its IT-ITeS SEZ project and vacant land in Kolkata. The deal, valued at Rs 710 crore, was made w...
- Indian companies tap realty boom to monetise non-core asset portfoliosIndian corporates are increasingly monetising non-core realty assets to enhance financial flexibility, reduce debt, and fund expansion plan...
- Bombay Dyeing to sell 22 acres in Mumbai’s Worli to Sumitomo Realty for Rs 5,200 crBombay Dyeing & Manufacturing Company (BDMC), a subsidiary of the Wadia Group, has approved the sale of a 22-acre land parcel to a subsidia...
- CPSEs to give complete list of land parcels assets to NLMC by June 30At the review meeting, NLMC had highlighted that many CPSEs were yet to furnish latest records of their land parcels, offices and buildings...
- Indian Railways to club realty monetisation with revamp of stationsThe 16 stations are to be bid out in the public private partnership (PPP) mode during the current financial year. Railways had removed asso...
- Delhi airport raises Rs 2,000 crore from realty monetisationThe Delhi airport has raised about Rs 2,000 crore from realty monetization which will fetch it an annual rental income of Rs 360 crore.
- RCom to monetise enterprise, global undersea cable businesses: Anil AmbaniAmbani said the telecom industry was reeling under a debt of Rs 7.7 lakh crore and the financial stress has forced the sector to halve its ...
- Tatas plan monetisation of infrastructure, realty armsTata Realty & Infrastructure develops projects including roads and bridges, apart from commercial and retail properties, while Tata Housing...
- DLF gains over 3% on selling shopping mall for Rs 904 crDLF's Board has declared an interim dividend of Rs 2 per fully paid equity shares of Rs 2 each of the company for 2015-16 fiscal.
- International property consultant DTZ to help Air India unlock realty assetsThrough this property monetisation programme, the national carrier is planning to raise around 5,000 crore over the next 10 years.
- Air India may get to monetise realty assets to cut debtAir India’s plan to monetise 105 realty assets to lower its debt burden has received a leg-up as the national carrier is close to awarding ...
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